Lightwave Logic (NASDAQ:LWLG) Issues Quarterly Earnings Results

Lightwave Logic (NASDAQ:LWLG) announced its quarterly earnings data on Tuesday. The company reported ($0.04) earnings per share (EPS) for the quarter, Zacks reports. Lightwave Logic had a negative return on equity of 61.49% and a negative net margin of 19,416.81%.

Lightwave Logic Trading Down 1.9%

NASDAQ LWLG opened at $1.04 on Wednesday. Lightwave Logic has a 12-month low of $0.79 and a 12-month high of $4.23. The firm’s fifty day simple moving average is $1.00 and its two-hundred day simple moving average is $1.81. The firm has a market capitalization of $129.59 million, a P/E ratio of -5.78 and a beta of 2.31.

About Lightwave Logic

Lightwave Logic, Inc focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs.